OUR BLOG
Budget Round Up including Fourth SEISS Details
Yesterday the Chancellor gave us his budget. Key for many is the detail of the fourth SEISS grant. A bit of a double-edged sword: the good news is the addition of the newly self-employed who started trading during 2019/20. The inclusion of 2019/20 as a fourth year in...
Final Days To Claim 3rd SEISS Grant and Time To Pay Tax
REVISION 26TH JANUARY 2021 TO THIS BLOG POSTED 25TH JANUARY 2021 AS HMRC ANNOUNCES: "Self Assessment customers who cannot file their tax return by the 31 January 2021 deadline will not receive a late filing penalty if they file online by 28 February." Link to the...
New guidance published by HMRC on the tax status for those working in live performance, film, television and radio
Anyone who has listened to Philippe give one of his popular “How to survive the UK tax system” talks may well remember him explaining how to ensure you are classified as self-employed rather than employed. The main advantage of the former being that business expenses...
Self-Employment Income Support Scheme Grant Extension – 5th November 2020 Revisions!
Remember, remember the 5th of November! More revisions to the revisions...here we go! As at 5th November 2020 this is what the third Self-Employment Income Support Scheme (SEISS) grant is going to look like: The third SEISS grant = first SEISS grant extension The...